Exhibit 99.1

 

Hyundai Auto Receivables Trust 2025-A
                                             
                                             
Collection Period       August 2025  
Distribution Date       09/15/25  
Transaction Month       6  
30/360 Days       30  
Actual/360 Days       31  

 

I.  ORIGINAL DEAL PARAMETERS
 
Cut off Date:     February 3, 2025                                  
Closing Date:     March 12, 2025                                  
                                             
        Dollars     Units     WAC     WARM          
Original Pool Balance:     $ 2,188,286,865.59       85,093       5.56 %   53.79          
Original Adj. Pool Balance:     $ 2,056,662,265.76                                  
                                             
        Amount     % of Pool     Note Rate              Final Payment Date   
   Class A-1 Notes Fixed     $ 432,700,000.00       19.773 %   4.44700 %           March 16, 2026  
   Class A-2-A Notes Fixed     $ 343,825,000.00       15.712 %   4.33000 %           December 15, 2027  
   Class A-2-B Notes Floating     $ 343,825,000.00       15.712 %   SOFR + 0.34 %           December 15, 2027  
   Class A-3 Notes Fixed     $ 687,650,000.00       31.424 %   4.32000 %           October 15, 2029  
   Class A-4 Notes Fixed     $ 98,530,000.00       4.503 %   4.40000 %           April 15, 2031  
   Class B Notes Fixed     $ 37,020,000.00       1.692 %   4.61000 %           April 15, 2031  
   Class C Notes Fixed     $ 61,700,000.00       2.820 %     4.76000 %           June 15, 2032  
Total Securities     $ 2,005,250,000.00       91.636 %                        
                                             
   Overcollateralization     $ 51,412,265.76       2.349 %                      
   YSOA     $ 131,624,599.83       6.015 %                        
Total Original Pool Balance     $ 2,188,286,865.59       100.00 %                        
                                             
                                             
II.  POOL BALANCE AND PORTFOLIO INFORMATION
 
        Beginning of Period     Ending of Period     Change   
        Balance     Note Factor     Balance     Note Factor          
   Class A-1 Notes     $ 69,956,025.23       0.1616733     $ 6,776,576.71       0.0156611     $ 63,179,448.51  
   Class A-2-A Notes     $ 343,825,000.00       1.0000000     $ 343,825,000.00       1.0000000     $ -  
   Class A-2-B Notes     $ 343,825,000.00       1.0000000     $ 343,825,000.00       1.0000000     $ -  
   Class A-3 Notes     $ 687,650,000.00       1.0000000     $ 687,650,000.00       1.0000000     $ -  
   Class A-4 Notes     $ 98,530,000.00       1.0000000     $ 98,530,000.00       1.0000000     $ -  
   Class B Notes     $ 37,020,000.00       1.0000000     $ 37,020,000.00       1.0000000     $ -  
   Class C Notes     $ 61,700,000.00       1.0000000     $ 61,700,000.00       1.0000000     $ -  
Total Securities     $ 1,642,506,025.23       0.8191029     $ 1,579,326,576.71       0.7875958     $ 63,179,448.51  
                                             
Weighted Avg. Coupon (WAC)     5.57 %           5.57 %              
Weighted Avg. Remaining Maturity (WARM)     48.52               47.63                  
Pool Receivables Balance     $ 1,808,646,280.42             $ 1,741,169,075.42                  
Remaining Number of Receivables     78,767               77,443                  
                                             
Adjusted Pool Balance      $ 1,704,205,893.20             $ 1,641,026,444.69                  
                                             
                                             
III.  COLLECTIONS
 
Principal:
     Principal Collections     $ 64,703,597.37  
     Repurchased Contract Proceeds Related to Principal     $ -  
     Recoveries/Liquidation Proceeds     $ 1,104,329.35  
Total Principal Collections     $ 65,807,926.72  
                                             
Interest:
     Interest Collections     $ 8,607,398.03  
     Late Fees & Other Charges     $ 113,578.19  
     Interest on Repurchase Principal     $ -  
Total Interest Collections     $ 8,720,976.22  
                                             
Collection Account Interest     $ 232,657.68  
Reserve Account Interest     $ 18,391.61  
Servicer Advances     $ -  
                                             
Total Collections     $ 74,779,952.23  

 

2025A Report1 of 4 

 

 

Hyundai Auto Receivables Trust 2025-A
                                             
                                             
Collection Period       August 2025  
Distribution Date       09/15/25  
Transaction Month       6  
30/360 Days       30  
Actual/360 Days       31  

 

IV.  DISTRIBUTIONS
 
     Total Collections     $ 74,779,952.23  
     Reserve Account Release     $ -  
     Reserve Account Draw     $ -  
Total Available for Distribution     $ 74,779,952.23  
        Amount Due     Interest Pymt Due but unpaid from prior periods     Amount Paid            
1.  Servicing Fee @1.00%:
     Servicing Fee Due 1.00 % $ 1,507,205.23     $ -     $ 1,507,205.23         1,507,205.23  
     Collection & Reserve Account Interest     $ 251,049.29  
     Late Fees & Other Charges     $ 113,578.19  
Total due to Servicer     $ 1,871,832.71  
                                       
2.  Class A Noteholders Interest:
     Class A-1 Notes     $ 267,886.88             $ 267,886.88            
     Class A-2-A Notes     $ 1,240,635.21             $ 1,240,635.21            
     Class A-2-B Notes     $ 1,386,414.14             $ 1,386,414.14            
     Class A-3 Notes      $ 2,475,540.00             $ 2,475,540.00            
     Class A-4 Notes     $ 361,276.67             $ 361,276.67            
                                       
          Total Class A interest:     $ 5,731,752.90             $ 5,731,752.90         5,731,752.90  
                                       
3.  First Priority Principal Distribution:     $ 0.00             $ 0.00         0.00  
                                       
4.   Class B Noteholders Interest:     $ 142,218.50             $ 142,218.50         142,218.50  
                                       
5.  Second Priority Principal Distribution:     $ -             $ -         0.00  
                                       
6.   Class C Noteholders Interest:     $ 244,743.33             $ 244,743.33         244,743.33  
                                       
          Available Funds Remaining:     $ 66,789,404.79  
                                       
                                       
7.   Regular Principal Distribution Amount:       63,179,448.51  
                                       
        Distributable Amount             Paid Amount            
     Class A-1 Notes     $ 63,179,448.51            
     Class A-2-A Notes      $ -            
     Class A-2-B Notes      $ -            
     Class A-3 Notes      $ -            
     Class A-4 Notes     $ -            
          Class A Notes Total:     $ 63,179,448.51             $ 63,179,448.51            
          Class B Notes Total:     $ -             $ -            
          Class C Notes Total:     $ -             $ -            
               Total Noteholders Principal     $ 63,179,448.51             $ 63,179,448.51            
                                       
8.  Required Deposit to Reserve Account       0.00  
                                       
9.  Trustee Expenses and Asset Representations Reviewer Expenses       0.00  
                                       
10.  Remaining Available Collections Released to Certificateholder       3,609,956.28  
                                       
                                       
V.  YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT (YSOA)
 
Beginning Period Required Amount     $ 104,440,387.22  
Beginning Period Amount     $ 104,440,387.22  
Current Period Amortization     $ 4,297,756.49  
Ending Period Required Amount     $ 100,142,630.73  
Ending Period Amount     $ 100,142,630.73  
Next Distribution Date Required Amount     $ 95,934,642.85  

 

2025A Report2 of 4 

 

 

Hyundai Auto Receivables Trust 2025-A
                                             
                                             
Collection Period       August 2025  
Distribution Date       09/15/25  
Transaction Month       6  
30/360 Days       30  
Actual/360 Days       31  

 

VI.  RESERVE ACCOUNT
 
Reserve Percentage of Initial Adjusted Pool Balance       0.25 %
Beginning Period Required Amount      $ 5,141,655.66  
Beginning Period Amount     $ 5,141,655.66  
Current Period Release to Collection Account     $ -  
Current Period Deposit     $ -  
Current Period Release to Depositor     $ -  
Ending Period Required Amount (0.25% of APB of cut-off date)     $ 5,141,655.66  
Ending Period Amount     $ 5,141,655.66  
                                             
                                             
VII.  OVERCOLLATERALIZATION
 
Overcollateralization Target     3.00 %                              
Overcollateralization Floor     3.00 %                              
                        Beginning     Ending      Target   
Overcollateralization Amount     $ 61,699,867.97     $ 61,699,867.97     $ 61,699,867.97  
Overcollateralization as a % of Original Adjusted Pool     3.00 %   3.00 %   3.00 %
Overcollateralization as a % of Current Adjusted Pool     3.62 %   3.76 %   3.76 %
                                             
                                             
VIII.  DELINQUENCY AND NET LOSS ACTIVITY
 
Delinquent Receivables     Units Percent     Units     Dollars Percent     Amount   
     Current     98.80 %   76,517       98.58 % $ 1,716,378,171.48  
     30 - 60 Days     0.96 %   744       1.14 % $ 19,911,109.53  
     61 - 90 Days     0.21 %   160       0.25 % $ 4,276,338.81  
     91-120 Days     0.03 %   22       0.03 % $ 603,455.60  
     121 + Days     0.00 %   0       0.00 % $ -  
     Total     77,443             $ 1,741,169,075.42  
                                             
Delinquent Receivables 30+ Days Past Due
     Current Period     1.20 %   926       1.42 % $ 24,790,903.94  
     1st Preceding Collection Period     1.20 %   943       1.42 % $ 25,640,597.92  
     2nd Preceding Collection Period     1.11 %   886       1.29 % $ 24,201,027.04  
     3rd Preceding Collection Period     0.98 %   793       1.13 % $ 21,873,683.83  
     Four-Month Average     1.12 %             1.32 %        
                                             
Ratio of 61+ Delinquency Receivables Balance to EOP Pool Balance     0.28 %      
    Delinquency Percentage exceeds Delinquency Trigger of 9.6% (Y/N)     No          
                                             
Repossession in Current Period     70             $ 2,245,430.75  
Repossession Inventory     137             $ 4,417,229.04  
                                             
Current Charge-Offs
     Gross Principal of Charge-Offs     $ 2,773,607.63  
     Recoveries     $ (1,104,329.35 )
     Net Loss     $ 1,669,278.28  
                                             
Ratio of Current Net Loss to Beginning Pool Balance (annualized)       1.11 %
                                             
Average Pool Balance for Current Period     $ 1,774,907,677.92  
                                             
Ratio of Current Net Loss to Average Pool Balance (annualized)
      Current Period       1.13 %
      1st Preceding Collection Period       1.08 %
      2nd Preceding Collection Period       0.78 %
      3rd Preceding Collection Period       0.87 %
      Four-Month Average       0.97 %
                                             
Cumulative Charge-Offs     Change in units from prior period     Cumulative Units     Cumulative Amount  
     Gross Principal of Charge-Offs     113       371     $ 9,442,208.26  
     Recoveries     79       205     $ (2,723,366.45 )
     Net Loss     $ 6,718,841.81  
Cumulative Net Loss as a % of Initial Pool Balance       0.31 %
                                             
Net Loss for Receivables that have experienced a Net Loss *     100       350     $ 6,718,841.81  
Average Net Loss for Receivables that have experienced a Net Loss     $ 19,196.69  
                                             
Principal Balance of Extensions     $ 9,110,385.45  
Number of Extensions       316  
                                             
* Excludes receivables with recovered amounts equal to or in excess of principal charge-offs due to the recovery of assessments, such as interest and fees.

 

2025A Report3 of 4 

 

 

Hyundai Auto Receivables Trust 2025-A
                                             
                                             
Collection Period       August 2025  
Distribution Date       09/15/25  
Transaction Month       6  
30/360 Days       30  
Actual/360 Days       31  

 

IX.  CREDIT RISK RETENTION INFORMATION
 
There were no material changes in the retained interest in the transaction.
                                             
X.  SOFR INFORMATION
 
There were no SOFR Adjustment Conforming Changes during the reporting period.

 

2025A Report4 of 4